11. Aquaculture is the growing of fish, shrimp, and other seafood in enclosed cages or ponds. The...

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11. Aquaculture is the growing of fish, shrimp, and other seafood in enclosed cages or ponds. The cages and ponds not only keep the seafood from swimming away but also provide aquaculturists with strong property rights over their animals.

Does this provide a good incentive for low-cost production as compared with fishing in the open seas where there are few if any property rights? LO5

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Economics Principles Problems And Policies

ISBN: 9780073511443

19th Edition

Authors: Campbell Mcconnell ,Stanley Brue ,Sean Flynn

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